How the pandemic has radically altered the flow of money

Industry News | 28/08/20

Covid-19 has upended the world. Shutting down swathes of the economy has been quite an experiment. The Government wanted to stop the spread of the virus, which meant forcibly stopping physical contact and mobility.

Blocking economic activity bunged up the usual flows of money around the system. To try to preserve businesses and jobs, the Government pumped in cash, in a mixture of grants and loans.

Now the economy is reopening, the state of finances of each family and business will dictate its future.

Source: The Telegraph